Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Oklahoma
Reporting Jurisdiction:
Oklahoma
Jurisdiction type
:
State

Fiscal year ending In:
2020
Program name:
Quality Jobs Programs
Program purpose
:
Job creation/retention

Statutory authority
:
68 Oklahoma Statutes s. 3601

Abating jurisdiction(s)
:
State of Oklahoma

Applicable taxes:
(not specified)
Method of abatement
:
Tax rebate

Provisions for recapture
:
A company that participates in the Oklahoma Quality Jobs Program but fails to maintain a business presence in the state of Oklahoma within three years of start date must repay all program benefits they received and may not re-apply for the program for one year following dismissal.

Gross revenue loss
:
$53,585,000

Reimbursement / offset
:
$0

Net revenue loss
:
$53,585,000

Type of loss
:
Active

Additional notes on dislosure:
(none)